Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BITCOIN NEWS»900 million Telegram users send TON tokens, soaring by 15%
BITCOIN NEWS

900 million Telegram users send TON tokens, soaring by 15%

By Crypto FlexsMay 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
900 million Telegram users send TON tokens, soaring by 15%
Share
Facebook Twitter LinkedIn Pinterest Email

Messaging giant Telegram has a whopping 900 million users. This surge has a direct impact on the Telegram Open Network (TON), a blockchain designed to operate seamlessly within Telegram. TON has seen impressive growth of 15% in the past week, highlighting its potential to become a mainstream cryptocurrency player.


TON price action. Source: Coingecko

TON: Attract users with cheap deals

The key to TON’s recent success lies in its tight integration with Telegram. Users can ditch the hassle of using a separate cryptocurrency wallet and trade directly through Telegram’s default wallet.

This seamless experience, combined with TON’s low-cost trading and fee-free USDT transfers, provides great appeal to regular users who may be hesitant to delve into the intricacies of traditional cryptocurrency exchanges.

GM đź’Ž

Telegram has reached 900 million monthly active users, and if you are one of them, Gm is back. pic.twitter.com/B6AlwEK71B

— TON 💎 (@ton_blockchain) May 5, 2024

Farming in chat

TON facilitates everyday transactions, but its goals extend further. The Telegram ecosystem thrives on a network of apps and bots that introduce creative ways to interact with your wallet. A prime example is “farming,” which allows users to engage in decentralized finance (DeFi) activities using TON or other tokens within the familiar Telegram interface.

Total crypto market cap currently at $2.323 trillion. Chart: TradingView

This ability to “farm” directly within the chat window demonstrates how TON is facilitating deeper integration with cryptocurrencies. This breaks down the barriers between messaging and finance, potentially enabling more seamless adoption of cryptocurrencies in everyday digital interactions.

security issues

However, TON’s path to mainstream adoption is not a smooth one. The biggest thorn is security. While integrated wallets offer undeniable convenience for small transactions, security experts raise concerns that they are not suitable for storing large amounts of cryptocurrency.

TON weekly price ascent. Source: Coingecko

Unlike traditional hardware wallets, which are considered the gold standard for secure cryptocurrency storage, Telegram’s software wallets may be more vulnerable to hacking or breaches. This could be a significant deterrent for users who are wary of entrusting their hard-earned cryptocurrency to a messaging app.

Walking the tightrope of regulation

Another upcoming challenge for TON is the ever-evolving regulatory environment surrounding cryptocurrencies. Governments around the world are still grappling with how to handle these digital assets, and regulations could have a major impact on how TON operates in various markets.

Navigating this regulatory tightrope will be critical to TON’s long-term success. Networks must comply with evolving regulations while providing users with the functionality and freedom they expect from a decentralized blockchain.

Featured image from Pexels, chart from TradingView

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sequans starts $ 384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership.

June 23, 2025

ECB Chairman Lagarde aims to seize the global order to strengthen the Euro’s global position.

June 17, 2025

Bitcoin aims for $ 115K after US CPI data prefers investors.

June 11, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

NEAR Foundation Announces Polygon CDK-NEAR DA Integration

January 20, 2024

Top Cryptocurrency Gains Today, May 25th – Celesius, Yield Guild Games, Curve DAO Token, Combine

May 25, 2024

Karma3 Labs has raised a $4.5 million seed round led by Galaxy and IDEO CoLab to build OpenRank, a decentralized reputation protocol.

March 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.